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Hanwha deepens ties with Abu Dhabi in digital finance

Hanwha Group’s financial affiliates are expanding ties with Abu Dhabi across digital finance, stablecoins and cross-border payments, as the group seeks to build a broader foothold in the Middle East’s financial center. Hanwha Life Insurance, Hanwha General Insurance, Hanwha Asset Management and Hanwha Investment & Securities signed separate agreements with the Abu Dhabi Investment Office (ADIO)…

Hanwha deepens ties with Abu Dhabi in digital finance

Hanwha Group, a major financial conglomerate, is deepening its relationship with Abu Dhabi through various digital finance initiatives. The company's insurance and investment affiliates have signed agreements with Abu Dhabi Investment Office (ADIO) and Abu Dhabi Global Market (ADGM).

Hanwha Life Insurance and Hanwha General Insurance have partnered with ADIO to jointly develop digital financial services. This collaboration aims to strengthen the ties between Korean and Abu Dhabi financial markets, while exploring opportunities in digital banking.

Hanwha Asset Management, on the other hand, has entered into a tripartite partnership with ADGM and Hana Financial Group. This agreement focuses on stablecoins and financial infrastructure, with the goal of developing cross-border payment and remittance solutions that connect Korea and Abu Dhabi.

Additionally, all four financial affiliates of Hanwha Group have signed a partnership with ADGM to participate in Abu Dhabi Finance Week 2026. This initiative builds upon discussions from the previous year's event, further solidifying Hanwha's presence in the Middle East's financial hub.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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